MP_CN208 5/29/2025 Memphis, TN USDA Cotton and Tobacco Program, MND World market prices for upland cotton, in cents per pound, in effect from 12:01 a.m., EDT, Friday 2024-2025 Apr 25 May May May May May 30 May 1 2-8 9-15 16-22 23-29 June 5 Adjusted world price 1/ 54.88 54.94 54.81 53.90 53.52 N/A Course count adjustment 0.00 0.00 0.00 0.00 0.00 0.00 Loan Deficiency Payment 0.00 0.00 0.00 0.00 0.00 0.00 Fine count adjustment 20 0.00 0.00 0.00 0.00 0.00 0.00 Fine count adjustment 20 0.00 0.00 0.00 0.00 0.00 0.00 1/ Color 41, leaf 4, staple 34, mike 35-36 & 43-49, strength readings of 26.0-28.9 grams per te Source: Farm Service Agency, USDA. 0 ICE futures contract settlement, designated spot market average for color 41, leaf 4, staple 34, Far Eastern 'A' Index Color 41, Leaf 4, Staple 34 Far Eastern Date Futures Settlement 7-MarketA Index 1/ Jul-25 Oct-25 Dec-25 Mar-26 May-26 Jul-26 Average Current May 23 66.11 68.43 68.63 70.00 70.95 71.59 63.25 77.75 0.00 May 26 0.00 Holiday 0.00 Holiday 0.00 Holiday 0.00 Holiday 0.00 May 27 65.57 68.02 68.32 69.81 70.88 71.51 62.71 78.25 0.00 May 28 65.33 67.76 68.10 69.58 70.65 71.36 62.47 77.95 0.00 May 29 64.84 67.24 67.76 69.29 70.37 71.13 61.98 77.70 0.00 1/ Far Eastern A Index furnished by Cotton Outlook of Liverpool. Color 41, Leaf 4, Staple 34 Cents per Pound 7-Market Date SoutheasNorth DeSouth DeETX/STX WTX/OK/KDesert SSJ ValleAverage May 23 65.11 64.36 64.36 62.11 62.61 62.11 62.11 63.25 May 26 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 May 27 64.57 63.82 63.82 61.57 62.07 61.57 61.57 62.71 May 28 64.33 63.58 63.58 61.33 61.83 61.33 61.33 62.47 May 29 63.84 63.09 63.09 60.84 61.34 60.84 60.84 61.98 Source: USDA, AMS, Cotton and Tobacco Program, Cotton Market News. 0 2023-2024 2024-2025 Description Through May 23, Through May 22, 2025 Week Mkt. Yea Week Mkt. Year Outstanding sales - 3,288,40 - 2,417,200 Exports 172,200 8,938,90275,400 8,998,400 Total export commitments - 12,227,3 - 11,415,600 New sales 232,200 - 123,000 . Buy-backs and cancellations 9,600 - 4,400 - Net sales 222,600 - 118,700 - Sales next marketing year 78,100 1,727,00 13,800 1,297,700 Net sales of Upland totaling 118,700 RB for 2024/2025 were down 16 percent from the previous week, but up 8 percent from the prior 4-week average. Increases primarily for Vietnam (65,600 RB, including 4,300 RB switched from Hong Kong, 1,500 RB switched from South Korea, and 900 RB switched from Pakistan), Bangladesh (17,300 RB, including decreases of 200 RB), Turkey (12,400 RB, including decreases of 200 RB), Malaysia (8,800 RB), and Guatemala (8,100 RB), were offset by reductions for Hong Kong (4,300 RB), Peru (1,800 RB), South Korea (1,500 RB), and China (200 RB). Net sales of 13,800 RB for 2025/2026 reported for Pakistan (5,700 RB), Thailand (3,500 RB), Peru (2,600 RB), and Turkey (2,000 RB), were offset by reductions for Mexico (100 RB). Exports of 275,400 RB were up 10 percent from the previous week, but down 18 percent from the prior 4-week average. The destinations were primarily to Vietnam (117,000 RB), Pakistan (34,300 RB), Turkey (33,900 RB), Bangladesh (18,100 RB), and Mexico (11,900 RB). Net sales reductions of Pima totaling 1,700 RB for 2024/2025--a marketing-year low--were down noticeably from the previous week and from the prior 4-week average. Increases reported for India (2,900 RB, including decreases of 500 RB), Indonesia (300 RB), China (100 RB), and South Korea (100 RB), were offset by reductions for Colombia (3,100 RB), Vietnam (1,700 RB), Egypt (200 RB), and Hong Kong (100 RB). Net Sales of Pima totaling 5,500 RB for 2025/2026 were primarily for Colombia (3,100 RB) and Vietnam (1,700 RB). Exports of 6,700 RB were down 12 percent from the previous week and 25 percent from the prior 4-week average. The destinations were primarily to Vietnam (2,700 RB), India (1,000 RB), China (900 RB), Ethiopia (900 RB), and Peru (700 RB). Optional Origin Sales: For 2024/2025, the current outstanding balance of 8,800 RB, all Pakistan. Exports for Own Account: For 2024/2025, new exports for own account totaling 4,100 RB were to Vietnam (2,700 RB), Bangladesh (1,000 RB), and Thailand (400 RB). Exports for own account totaling 4,100 RB primarily to Vietnam (2,800 RB) and Bangladesh (1,000 RB) were applied to new or outstanding sales. Decreases of 4,100 RB were reported for China (3,100 RB) and Vietnam (1,000 RB). The current exports for own account outstanding balance of 9,200 RB were to China (8,000 RB) and Vietnam (1,200 RB). USDA, AMS Cotton and Tobacco Program, Cotton Market News Division 3275 Appling Rd Memphis, TN 38133 www.ams.usda.gov/cnmnreports